Archive for the ‘Personal Finance’ Category

How is stock treated when determining Medicaid assets?

Tuesday, February 16th, 2010
Neonzeus asked:


Assume 100 shares of stock, purchased for $1 share many years ago. This stock is now worth $10 share.

I understand that the stock will be listed as an asset, but should it be listed as an asset at its actual value, or its value less the taxes that will be payable when its liquidated to pay for nursing home care?

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Posted in Personal Finance | 1 Comment »

Does anyone know any good stock tips?

Friday, February 12th, 2010
bopay asked:


Does anyone know any stock tips or which way the market should be going in the next few years? Any help would be greatly appreciated.

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Posted in Personal Finance | 3 Comments »

What is the difference between a stock and a share?

Tuesday, February 2nd, 2010
plip asked:


As far as I can understand a stock and a share may have the same meaning. How can they be distinguished from one another when used? How can I understand when a stock means a share or it means all shares equaled to capitalization of a company. How to understand a sentnce – What do you get when you own a stock? What stock is meant here?

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Posted in Personal Finance | 2 Comments »

What does the current stock market crisis mean to low income people?

Wednesday, July 16th, 2008
SeekingTruth&Answers asked:


Lately everyone is worried about the stock market but I’m curious about how this affects low income people? I don’t have stocks, and I don’t have money in a bank, so how will this affect me if things get worse with the stock market?

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Posted in Personal Finance | 6 Comments »